(0.23%) 5 472.90 points
(0.13%) 39 171 points
(0.70%) 17 857 points
(2.21%) $83.34
(-4.11%) $2.49
(-0.03%) $2 338.90
(1.19%) $29.59
(-1.22%) $989.70
(-0.11%) $0.932
(-0.05%) $10.67
(0.07%) $0.791
(1.05%) $86.63
Q1/2025
Generated By Getagraph.com: 2024-04-30
Mitcham Industries Inc [MIND]
-1.07% $ 4.16
Биржа: NASDAQ Сектор: Technology Промышленность: Scientific & Technical Instruments
Mitcham Industries Inc., trading on NASDAQ under the ticker MIND, reported its financial results for the first quarter of fiscal year 2025, ending April 30, 2024. The company has shown a positive trend in financial performance, underpinned by effective cost management and robust customer engagement.
The company's net cash flow from operating activities was impacted by increased inventory and accounts receivable, resulting in a net change in cash of $-4.37M for Q1 FY2025. Cash at the beginning of the period was $5.29M, leaving $924K at the end of the period.
Rob Capps, President and CEO, expressed confidence in MIND Technology's outlook owing to a strong backlog of approximately $31M, which is significantly higher than the previous year. Despite some variability in quarterly revenues, sustained higher revenue levels are anticipated due to ongoing momentum and favorable market conditions.
Overall, Mitcham Industries Inc. continues to leverage a focused approach and streamlined operations to deliver favorable financial results. The continuous improvement in customer engagement and order flow reflects positively on the company's strategic position for growth in the technology sector, specifically within the marine technology industry.
Revenues Q1 - 2025
Revenue | Gross Profit | Operating Expenses | Interest Expense | EBITDA | Net Income | EPS |
---|---|---|---|---|---|---|
$9.68M | $3.95M | $3.22M | $0 | $997 000 | $954 000 | $0.00500 |
Balance Q1 - 2025
Net Income | Depreciation and Amortization | Stock Based Compensation | Change in Working Capital | Net Cash Provided by Operating Activities | Capital Expenditure | Free Cash Flow |
---|---|---|---|---|---|---|
$954 000 | $267 000 | $48 000.00 | $-5.59M | $-4.75M | $-66 000.00 | $-4.82M |